Deutsche Bank AG (USA)(NYSE:DB) Upward Trend

Deutsche Bank AG (USA)(NYSE:DB) Upward Trend

Deutsche Bank AG (USA)(NYSE:DB) Upward Trend

Overall, the bias in prices is: Sideways.

Short term: Prices are stalling.

Intermediate term: Prices are trending.

Note: this chart shows extraordinary price action to the upside.

The projected upper bound is: 15.75.

The projected lower bound is: 13.84.

The projected closing price is: 14.80.

db

Candlesticks

A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 6 white candles and 4 black candles for a net of 2 white candles. During the past 50 bars, there have been 24 white candles and 25 black candles for a net of 1 black candles.

Momentum Indicators

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 19.3334. This is an oversold reading. However, a signal is not generated until the Oscillator crosses above 20 The last signal was a buy 16 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 55.30. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 62 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 17. This is not a topping or bottoming area. The last signal was a sell 3 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 26 period(s) ago.

Rex Takasugi – TD Profile

DEUTSCHE BK AG closed up 0.240 at 14.760. Volume was 11% below average (neutral) and Bollinger Bands were 42% narrower than normal.

Open High Low Close Volume___
14.520 14.830 14.480 14.760 1,003,342

Technical Outlook
Short Term: Oversold
Intermediate Term: Bullish
Long Term: Bearish

Moving Averages: 10-period 50-period 200-period
Close: 14.76 14.02 17.49
Volatility: 38 44 60
Volume: 1,097,441 1,093,178 992,586

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

DEUTSCHE BK AG is currently 15.6% below its 200-period moving average and is in an upward trend. Volatility is Our volume indicators reflect volume flowing into and out of DB.N at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on DB.N and have had this outlook for the last 23 periods.

Description

Deutsche Bank AG is a global investment bank. The Bank is engaged in providing commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. It operates through four business divisions: Global Markets (GM); Corporate & Investment Banking (CIB); Deutsche Asset Management; Private, Wealth & Commercial Clients (PW&CC). The CIB division includes the Bank’s commercial banking, corporate finance and transaction banking. Deutsche Asset Management is an investment management organization. Deutsche Asset Management offers individuals and institutions traditional and alternative investments across all asset classes. The PW&CC division combines its private and commercial banking, and wealth management. It provides wealth management in various regions, such as the Americas, Asia-Pacific, Germany and Europe.
The following two tabs change content below.
HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading.

Latest posts by HEFFX Australia (see all)

You must be logged in to post comments :  
CONNECT WITH